National Debt Up $3 Trillion on Obama's Watch

And so you think voting for a republican this time will solve the problem? This has been happening no matter who is voted in office, because silly US citizens keep thinking there are only two choices. I only voted Democratic in 2004 to get someone out of the White House. You know how successful that was? I'll never do that again. Both repubocratic parties need to get out of power now. But the majority of you (US citizens) wants the same thing over and over again, so that is what we will get. The same thing over and over again. It's a sign of insanity, you know. Doing the same thing over and over again and expecting different results.

It is a good distinction to make. It is not that obama spent 3 trillion dollars in less than 2 years, it is that he borrowed 3 trillion dollars in less than two years. So he needed 3 trillion more than all of the tax revenue already in his pocket.

Honestly, you can't expect one individual, regardless of their title or position in society, to solve 40 years worth of governmental problems and strife in just a short time. Obama is like any of us, doing a job.. He has countless miles of red tape to cut through, people to argue with, people to make happy, and people to upset. He also has to deal with the mess that was made before he took office. This doesn't justify or condemn what he's doing.. it just states that he is one man trying to combat the work of thousands, and nobody can expect high levels of success in such a situation. The government as a whole is a failure to the american people. Only by restructuring the entire system can a foothold be made to begin to climb out of the pit they have put us all in, and that is unlikely to happen.

I'm no economist. My brain, if it's good for anything at all, is best dealing with words (small ones ) and not numbers. So, for the life of me, I cannot understand how spending money--and not just "money," but money we don't have: debt--is somehow the key to a fiscally stable future. I can almost understand things looking through only healthcare. If, and I'm aware it's a huge IF, the government were able to do what it says--drive the costs down, provide affordable care, etc--then I can see where some things might bounce back in that general area. Of course, though, we'd also have to tamp down immigration like every other country offering healthcare as an entitlement. Anyone see that happening? We can't have it both ways. My opinion: it's a startup program for government-controlled healthcare, which leads to government-controlled and mandated doctors, a do's and don'ts food list, uberhigh prices for "organics," etc... So I can only see that being a good thing going one way, and a bad thing going the other one billion it could go. And I can't even begin to understand what the rest of the money's for. I realize a lot of the money of our debt in general is war spending. And while I don't agree with war, it's abundantly clear that nobody else is going to squash this growing terrorism threat rising out of the Muslim world with its many, many, many radicals. But where's the rest of it? One of my biggest fears as a young American, planning on raising a family in my beloved country one day, is that the only type of "classes" we'll have are the government class, ever rich and powerful, and then the rest of us breaking our backs to keep them living the high life. My fear is shared by many, and it's been given some colorful and, depending on one's anal definition, possibly incorrect names. But damn. To look at government now compared to the people paying for government, I'd say it's a pretty legitimate fear.

They fail to mention much but did everyone think that the bills will stop coming in on two wars and a failed economy. Even the Brookings institute says the stimulus was to small. 1/3 of the stimulus went to tax breaks for those under 200k in earnings and 700 billinon is less then the military non war spending for defense in one year. Not a lot of money. The dept is so out of control not only because of eight years of insanity, thirthy years of bad policy but there is less money coming in from taxes because of unemployment and bad economy. This mess is not going to get fixed in one or two years because it was brought on by policy's that are thirty years old. We have bankers and investment company's that still don't think they did anything wrong. With that mentality how can you fix it? Maybe it is time to start teaching business ethics in college again.

We can trust the goverment, but we can not depands on it.